Walmart Inc. $WMT Shares Acquired by QRG Capital Management Inc.

QRG Capital Management Inc. lifted its position in shares of Walmart Inc. (NASDAQ:WMT - Free Report) by 6.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 804,077 shares of the retailer's stock after buying an additional 46,714 shares during the period. Walmart makes up approximately 1.0% of QRG Capital Management Inc.'s portfolio, making the stock its 13th largest position. QRG Capital Management Inc.'s holdings in Walmart were worth $89,582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Collier Financial purchased a new position in shares of Walmart during the 3rd quarter worth approximately $25,000. Your Advocates Ltd. LLP purchased a new position in shares of Walmart during the 3rd quarter worth approximately $28,000. Beacon Financial Strategies CORP purchased a new position in shares of Walmart during the 4th quarter worth approximately $30,000. Redmont Wealth Advisors LLC purchased a new position in shares of Walmart during the 3rd quarter worth approximately $30,000. Finally, Clayton Financial Group LLC boosted its position in shares of Walmart by 193.0% during the 4th quarter. Clayton Financial Group LLC now owns 293 shares of the retailer's stock worth $33,000 after purchasing an additional 193 shares during the period. Institutional investors and hedge funds own 26.76% of the company's stock.

Insiders Place Their Bets

In other news, Director C Douglas Mcmillon sold 19,416 shares of the firm's stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $132.21, for a total value of $2,566,989.36. Following the sale, the director directly owned 4,193,995 shares in the company, valued at approximately $554,488,078.95. This trade represents a 0.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of the firm's stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $124.72, for a total transaction of $361,688.00. Following the completion of the sale, the executive vice president owned 596,008 shares in the company, valued at $74,334,117.76. The trade was a 0.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 167,195 shares of company stock worth $20,975,804. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WMT shares. Telsey Advisory Group increased their price objective on shares of Walmart from $135.00 to $140.00 and gave the stock an "outperform" rating in a research report on Friday, February 20th. Royal Bank Of Canada set a $145.00 price objective on shares of Walmart in a research report on Friday, February 20th. Wells Fargo & Company reaffirmed an "overweight" rating and set a $140.00 price objective (up from $130.00) on shares of Walmart in a research report on Tuesday, February 10th. BTIG Research reaffirmed a "buy" rating and set a $140.00 price objective on shares of Walmart in a research report on Friday, February 20th. Finally, Roth Mkm reaffirmed a "buy" rating and set a $138.00 price objective on shares of Walmart in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $137.79.

Walmart Price Performance

Walmart stock opened at $130.33 on Tuesday. The firm has a market cap of $1.04 trillion, a PE ratio of 47.57, a price-to-earnings-growth ratio of 4.90 and a beta of 0.65. Walmart Inc. has a 52-week low of $91.89 and a 52-week high of $134.69. The company has a quick ratio of 0.24, a current ratio of 0.79 and a debt-to-equity ratio of 0.38. The company's 50 day moving average is $125.60 and its two-hundred day moving average is $117.74.

Walmart (NASDAQ:WMT - Get Free Report) last released its earnings results on Thursday, February 19th. The retailer reported $0.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.01. The company had revenue of $190.66 billion for the quarter, compared to analyst estimates of $188.37 billion. Walmart had a net margin of 3.07% and a return on equity of 21.44%. The firm's quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.66 EPS. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q1 2027 guidance at 0.610-0.610 EPS. On average, research analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Walmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 11th will be issued a $0.2475 dividend. This represents a $0.99 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 11th. Walmart's dividend payout ratio (DPR) is presently 36.13%.

Walmart Profile

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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